Diaz Company is a retail store with two operating departments, Clothes and Shoes. Information follows. For Year Ended December 31. Sales Cost of goods sold Direct expenses: Wages Supplies used Depreciation Shoes $ 451,500 Clothes $ 838,500 480,000 293,475 117,000 84,000 12,500 10,700 18,500 12,000 The company reports the following indirect expenses for the year. Indirect Expense Utilities Supervisor salaries Amount $6,600 32,000 Allocation Base Square feet of space occupied Number of employees in department Additional information about the two departments follows. Department Clothes Shoes Square Footage 28,000 12,000 Number of Employees 84 36 Required: 1. Allocate indirect expenses to the two operating departments. 2. Prepare departmental income statements. 1. Allocate indirect expenses to the two operating departments. 2. Prepare departmental income statements. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Allocate indirect expenses to the two operating departments. Allocation of $6,600 of utilities expense Department Square Footage Percent of Total Cost Allocated Clothes 28,000 70% Shoes 12,000 30% Total 40,000 100% $ 0 Allocation of $32,000 of supervisor salaries expense Clothes Shoes Total Employees Percent of Total Cost Allocated 84 36 120 0% $ 0 Required 2 > Required 1 Required 2 Prepare departmental income statements. DIAZ COMPANY Departmental Income Statements For Year Ended December 31 Expenses Total expenses Income Clothes Shoes 0 0 $ 0 S